As i warned you in the past article, TRX is about to collapse because of USDD: According to their website, USDD is secured by the over-collateralization of multiple mainstream digital assets (e.g. TRX , BTC , and USDT). The total value of collateralized assets is significantly higher than that of USDD in circulation with the collateral ratio set at 120%. This...
After Luna`s stablecoin collapse, UST: Now Binance, the biggest crypto exchange, recently introduced the USDC/USDT pair, and now it`s users are able to transform their USDC into Tether. And let`s be honest, who wouldn`t to that amid this market uncertainty?! On Saturday, the USD Coin (USDC) stablecoin experienced a drop in value below its dollar peg and reached...
Ever since USDC depegged, even BTC vs tether has depegged to a certain degree. Watch for a return to the norm. right now, BTC vs USD costs about $190 more than the Tether equivalent. Once upon a time, there was a little girl named Lily who lived in a small town. One day, her parents told her that they were going on a trip to another dimension, where the money was...